Author: Autocar_Professional India Online News

Faurecia and Hella now christened Forvia

Following the successful takeover of Hella by Faurecia on January 31, 2022, Faurecia and Hella announced the newly combined Group’s name as ‘Forvia.’ The combined entity represents the seventh largest automotive supplier worldwide. Forvia will have strategic oversight of Faurecia and Hella, which will continue to operate as two independent legal companies, closely collaborating to… Continue reading Faurecia and Hella now christened Forvia

Faurecia and Hella announce combined group name as Forvia

Following the successful takeover of Hella by Faurecia on January 31, 2022, Faurecia and Hella announced the newly combined Group’s name as ‘Forvia.’ The combined entity represents the seventh largest automotive supplier worldwide. Forvia will have strategic oversight of Faurecia and Hella, which will continue to operate as two independent legal companies, closely collaborating to… Continue reading Faurecia and Hella announce combined group name as Forvia

VW finance arm Kuwy, announces online platform

Kuwy, a majority-held subsidiary of Volkswagen Finance announced the launch of KUWYLaas, a lending as a service platform for online sales of new and used cars. The block chain and artificial intelligence-driven platform will bring together buyers, sellers, aggregators together on a single platform which the company claims will be able to  process an entire transaction digitally within less… Continue reading VW finance arm Kuwy, announces online platform

Koenigsegg introduces first in-house E-motor and EV-drive unit

Koenigsegg’s latest in-house innovation, the Quark motor, with a 330 ml beverage can for scale. Koenigsegg recently introduced the company’s newest innovation, the Quark electric motor that utilises a novel torque/power-rich balance between radial(power-dense) and axial(torque dense) flux topology dubbed Raxial Flux. The Quark E-motor relooks at the fundamentals of magnetism, materials, cooling and packaging. The Quark elementary… Continue reading Koenigsegg introduces first in-house E-motor and EV-drive unit